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Stock impact report

Why Is Inter Parfums (IPAR) Down 6.9% Since Last Earnings Report? [Yahoo! Finance]

Inter Parfums, Inc. (IPAR) 
Last inter parfums, inc. earnings: 3/2 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: interparfumsinc.com/ir_press.html
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Inter Parfums due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Inter Parfums Q2 Earnings Top, Sales Up on Robust Demand Inter Parfums posted impressive second-quarter 2024 results, with the bottom line increasing year over year and surpassing the Zacks Consensus Estimate. Quarterly sales increased owing to strength in U.S.-based and Europe-based operations. Sales benefited from continued momentum in the fragrance market, the strength of its legacy brands, the rapid ramp-up of its new brands, effective advertising and promotional efforts and its extensive global distribution network. IPAR's strategic approach to balancing product launches with advertising and promotional investments is proving effective and management expects continued Show less Read more
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